Pegging to a specific version limits exposure. Syncing these packages to your own on-prem/isolated environment limits it further. Deploying all changes to a test/staging environment where they're reviewed first limits it even more.
I mean yeah if your build process takes @latest of all your packages and then pushes it right into production, that opens you up to a lot of risk. It's also incredibly stupid for anything beyond a personal project (and probably even those).
This doesn't strike me as a weakness in package management, it strikes me as a weakness in doing package management wrong.